Tokenizing antiques involves converting ownership or economic rights of a physical antique into digital tokens on a blockchain. These tokens include non-fungible tokens (NFTs) for singular items and fungible tokens for shared ownership. Key components include:
Blockchain serves as a transparent, unchangeable ledger. Smart contracts automate:
Digital twins represent physical antiques on-chain, enhanced by:
Security of the physical object ensures token validity:
Tokenization offers:
This guide provides a foundational understanding of tokenizing antiques, tailored for enthusiasts and professionals seeking to explore blockchain's potential in the traditional art and collectibles market.
